The Strait of Hormuz remains blocked, escalating risks to global energy supplies as tensions between the United States and Iran persist. Despite a ceasefire, maritime traffic has not resumed, with the U.S. launching "Project Freedom" to assist stranded vessels, while Iran warns against foreign military presence. Renewed clashes have been reported, with the U.S. intercepting Iranian attacks on naval vessels, leading to a spike in Brent crude oil prices to $101 per barrel. Iran's strategic control over the strait, a critical energy corridor, has disrupted the passage of oil and natural gas, affecting global markets. The blockade has reduced daily vessel traffic from 135 to fewer than 10, with Iran imposing transit fees and maintaining its own oil exports. The ongoing standoff has stranded over 1,500 commercial vessels, forcing regional oil producers to halt production due to storage limitations. The situation underscores the geopolitical leverage Iran holds over this vital waterway, with long-term implications for global energy trade.